KUWAIT, Aug 9 (KUNA) -- The price of Kuwaiti crude oil dropped USD 0.30 to reach USD 100.77 per barrel (pb) on Monday, compared to USD 101.07 per barrel the day before, said Kuwait Petroleum Corporation (KPC) on Tuesday.
The decrease of oil price was due to the increase of the US dollar against major currencies.
This decline was a result of investors avoiding taking risks in the exchange market because of data and fears related to the future of the world's biggest economy. (end).
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